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msk_analysis
May 25, 2021 5:41 PM

LEAD - retracement done - can touch new heights  Long

Lead FuturesMCX

Description

LEAD futures showing an interesting pattern

Wolfe Waves - For a true Wolfe Wave, the fifth wave instance in the pattern will be followed by a breakout in price and presently the lead futures are in end of 5th wave

so any breakout if it happens would become trigger point and the target would be the trend line

positional trade - SL and targets provided on chart


Trade active

watch out the moves
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